Sprott Gold Miners ETF
SGDM
93 hedge funds and large institutions have $113M invested in Sprott Gold Miners ETF in 2025 Q2 according to their latest regulatory filings, with 16 funds opening new positions, 22 increasing their positions, 29 reducing their positions, and 1 closing their positions.
1,500% more first-time investments, than exits
New positions opened: 16 | Existing positions closed: 1
34% more capital invested
Capital invested by funds: $84.4M → $113M (+$28.6M)
19% more funds holding
Funds holding: 78 → 93 (+15)
1.99% more ownership
Funds ownership: 25.31% → 27.3% (+2%)
24% less repeat investments, than reductions
Existing positions increased: 22 | Existing positions reduced: 29
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
UBS Group
Zurich,
Switzerland
|
+$4.49M |
| 2 |
Wells Fargo
San Francisco,
California
|
+$1.39M |
| 3 |
Citadel Advisors
Miami,
Florida
|
+$1.04M |
| 4 |
Cetera Investment Advisers
Schaumburg,
Illinois
|
+$976K |
| 5 |
NHFG
New Harbor Financial Group
Worcester,
Massachusetts
|
+$970K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of America
Charlotte,
North Carolina
|
-$2.02M |
| 2 |
Ameriprise
Minneapolis,
Minnesota
|
-$465K |
| 3 |
SI
Sprott Inc
Toronto,
Ontario, Canada
|
-$368K |
| 4 |
CWM
Congress Wealth Management
Boston,
Massachusetts
|
-$298K |
| 5 |
AA
Auxano Advisors
Bellevue,
Washington
|
-$238K |
SGDM Hedge Fund Activity: Q2 2025 in Review
93 of the 7,596 institutional investors tracked by Wall St. Rank reported a position in Sprott Gold Miners ETF (SGDM) for Q2 2025, worth a combined $113M — up 34% from $84.4M a quarter earlier.
Buyers outnumbered sellers: 16 funds opened new SGDM positions and 1 closed out — a net gain of 15 holders — while 22 added to existing stakes and 29 trimmed.
The largest buyer was UBS Group, adding an estimated $4.49M. The largest seller was Bank of America, cutting an estimated $2.02M.
- 93 institutional investors held Sprott Gold Miners ETF (SGDM) as of Q2 2025, up from 78 in Q1 2025.
- Funds reported $113M of Sprott Gold Miners ETF stock for Q2 2025, up 34% quarter-over-quarter.
- 16 funds opened new Sprott Gold Miners ETF positions in Q2 2025 and 1 closed out, a net change of +15 holders.
- The largest Sprott Gold Miners ETF buyer in Q2 2025 was UBS Group, an estimated $4.49M added.
- The largest Sprott Gold Miners ETF seller in Q2 2025 was Bank of America, an estimated $2.02M sold.
Based on aggregated 13F filings for Q2 2025.